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Block 307 Hougang Avenue 5

3 Room · 4 Room · Built 1983 · 56 years remaining lease MOP Cleared
Latest Sale
$452,000
Oct 2025 · 3 ROOM · Floor 10-12
Median $/sqm
$5,403
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +30.6%
Median price change
Median Price ?
Top 75%
#436 / 579 Top 75%
Latest Sale ?
Top 86%
#500 / 579 Top 86%
Value ($/sqm) ?
Top 22%
#129 / 579 Top 22%
5-Year Growth ?
Top 80%
#304 / 380 Top 80%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+5.5%/yr
vs
Lease Decay
−0.59%/yr
Growth assumption
Based on this block’s +30.6% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 3 months
Remaining lease
↓ 0.59%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2025 10 TO 12 3 ROOM 67 sqm $452,000 $6,746
Jul 2025 04 TO 06 3 ROOM 82 sqm $480,888 $5,864
Jun 2025 07 TO 09 3 ROOM 67 sqm $450,000 $6,716
May 2025 04 TO 06 3 ROOM 67 sqm $440,000 $6,567
Mar 2025 04 TO 06 3 ROOM 82 sqm $470,000 $5,732
Oct 2024 01 TO 03 4 ROOM 93 sqm $545,000 $5,860
Jul 2024 07 TO 09 3 ROOM 82 sqm $470,888 $5,743
Jun 2024 07 TO 09 4 ROOM 93 sqm $545,000 $5,860
Feb 2024 01 TO 03 4 ROOM 93 sqm $472,000 $5,075
Jan 2024 13 TO 15 3 ROOM 67 sqm $410,000 $6,119
Aug 2023 01 TO 03 3 ROOM 67 sqm $375,000 $5,597
Aug 2023 10 TO 12 4 ROOM 93 sqm $500,000 $5,376
Dec 2021 04 TO 06 3 ROOM 67 sqm $362,000 $5,403
Oct 2021 01 TO 03 3 ROOM 82 sqm $330,000 $4,024
Dec 2019 07 TO 09 3 ROOM 67 sqm $290,000 $4,328
May 2019 01 TO 03 4 ROOM 93 sqm $315,000 $3,387
Nov 2018 07 TO 09 3 ROOM 67 sqm $283,000 $4,224
Jul 2018 07 TO 09 3 ROOM 82 sqm $333,000 $4,061
Jul 2018 07 TO 09 4 ROOM 93 sqm $350,000 $3,763
Mar 2017 01 TO 03 3 ROOM 82 sqm $308,500 $3,762
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 307 Hougang Avenue 5

Block 307 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $283,000 to $545,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $452,000 in 2025-10. The current median price per square metre is $5,403. Over the past five years, resale prices at this block have increased by approximately 30.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8556, with an annual lease decay rate of approximately 0.59%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 307 Hougang Avenue 5 worth?

The most recent resale transaction at Block 307 Hougang Avenue 5 was $452,000 for a 3 room flat in 2025-10. The median price per square metre across all flat types is $5,403, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 307 Hougang Avenue 5?

Block 307 Hougang Avenue 5 was built in 1983 and has approximately 56 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 307 Hougang Avenue 5?

Block 307 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $283,000 to $545,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 307 Hougang Avenue 5 gone up or down?

Resale prices at Block 307 Hougang Avenue 5 have increased by approximately 30.6% over the past five years. The current median price is $410,000, with the most recent sale at $452,000 in 2025-10.

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